European leaders pledge financial system stability

Today, the Heads of State and Government of EU Member States, among them also Janez Janša, the Slovenian Prime Minister, on the initiative of the French Presidency, agreed and adopted the following conclusions:


All the leaders of the European Union make clear that each of them will take whatever measures are necessary to maintain the stability of the financial system – whether through liquidity support through central banks, action to deal with individual banks or enhanced depositor protection schemes. While no depositors in our countries’ banks have lost any money, we will continue to take the necessary measures to protect both the system and individual depositors. In taking these measures, European leaders acknowledge the need for close coordination and cooperation.


(Photo: Bor Slana/Bobo) 

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